GBS
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of GBS generated cash of -$7,377,378, which is less than the previous year. Cash used in financing activities reached the amount of $1,435,323 last year. Net change in cash is therefore -$6,701,057.
Cash Flow
| 2018 | -5.38M | 0 | 5.17M |
|---|---|---|---|
| 2019 | -5.57M | 0 | 5.31M |
| 2020 | -498.61K | -14K | 733.86K |
| 2021 | -11.29M | 0 | 23.40M |
| 2022 | -3.35M | -880.22K | 0 |
| 2023 | -7.37M | -694.14K | 1.43M |
GBS Cash Flow Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 8.23M | 12.57M | 427.27K | 197.94K | 418.42K | 56.03K |
Operating activities | ||||||
Net income | -10.66M | -8.33M | -7.03M | -3.13M | -7.33M | -5.02M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 966.73K | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 260K | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 260K | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | -293.86K | 0 | 0 | 50.41K | 0 | 0 |
Inventories | -345.39K | 0 | 0 | 5.35M | 0 | 0 |
Accounts payable | 84.50K | 242.65K | -972.99K | 1.35M | -132.80K | -327.88K |
Cash generated by operating activities | -7.37M | -3.35M | -11.29M | -498.61K | -5.57M | -5.38M |
Investing activities | ||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -380.22K | 0 | 0 | 0 | 0 |
Acquisitions Net | 174.48K | 0 | 0 | -14K | 0 | 0 |
Cash generated by investing activities | -694.14K | -880.22K | 0 | -14K | 0 | 0 |
Financing activities | ||||||
Common Stock Issued | 2.55M | 0 | 21.60M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | -150.98K | 0 | 0 |
Cash used in financing activities | 1.43M | 0 | 23.40M | 733.86K | 5.31M | 5.17M |
Net Change In Cash | -6.70M | -4.33M | 12.14M | 229.33K | -220.48K | 362.38K |
Cash at end of period | 1.53M | 8.23M | 12.57M | 427.27K | 197.94K | 418.42K |
| Data source | Data source | Data source |